An article about IBM purchasing Sun written in 2002 is surprisingly relevant to today's current news. "When Will IBM Buy Sun?" published in April 2002 identified all the reasons why it made good strategic sense for IBM back then. The bottom line, it is all about Java. Just as analysts and bloggers today are debating.
On the surface level, it makes sense. Sun is figuring out how to monetize its Java technology and IBM is monetizing its Java quite well. IBM has been on an acquisition spree these past few years adding to its portfolio making some very strategic and sometimes unexpected purchases (i.e. Telelogic, Cognos). Will IBM do it in 2009? We will know later this year.
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